Thousands of auto workers have been given a leave of absence as sanctions bite Russia
“It is not clear what will happen. They don't give us any concrete information,” said Pavel Terpugov, a welder at the PSMA Rus plant.
Terpugov said he needs twice as much money to buy groceries than before the sanctions. Analysts have forecastThe US and Europe are weighing more sanctions against Russia after Ukraine accused Russian forces ofRussia calls its actions in Ukraine a “special operation” and the Kremlin categorically denied any accusations related to the murder of civilians, including in Bucha.
One source of hope for some in Kaluga, with its 325,000 residents, is the West may be reluctant to hurt its own companies. “Does it make sense to impose sanctions on its own plant and lose money?” said Valery Uglov, an auto mechanic at the Volkswagen plant. “Does it make sense to lose the“We hope to return to work as soon as possible and everyone will have confidence in the future again,” Uglov said.Volkswagen, whose factory employs 4,200 people, in early March suspended operations. A spokesperson said production remained frozen.Even before the sanctions,sales had contracted from 2.
Others in the city, which also boasts production by pharmaceutical and food companies as well as Samsung televisions, derive optimism from history that shows almost every crisis that has ravaged the“I hope, we all hope, that in the near future everything will stabilise,” said Angelina Minnigulova, a marketing executive at Volkswagen dealer KorsGroup, which has seen a fall in demand as
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